Daily Archives: September 11, 2019

Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.36% against the USD and closed at USD57.91 per barrel, after the departure of National Security advisor John Bolton spurred hopes for ease in tensions between the … Continue reading

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Silver: White metal trading on a stronger footing this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.33% against the USD and closed at USD18.13 per ounce. In the Asian session, at GMT0300, the pair is trading at 18.185, with silver trading 0.33% higher against the … Continue reading

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Gold: Yellow metal reverses its losses in the Asian session

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.78% against the USD and closed at USD1494.60 per ounce, amid rise in the US Treasury yields. In the Asian session, at GMT0300, the pair is trading at 1499.10, … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index eased in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.6861. LME Copper prices declined 0.6% or $33.0/MT to $5738.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1776.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s housing starts unexpectedly advanced in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3147. In economic news, Canada’s seasonally adjusted housing starts unexpectedly rose to a level of 226.6K in August, confounding market expectations … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CHF and closed at 0.9914. In the Asian session, at GMT0300, the pair is trading at 0.9921, with the USD trading 0.07% higher against the … Continue reading

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USD/JPY: Japan’s machine tool orders sank in August

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 107.52. Data showed that Japan’s preliminary machine tool orders plunged 37.1% on an annual basis in August, following a drop of … Continue reading

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GBP/USD: UK’s ILO unemployment rate unexpectedly fell to its lowest level since 1974 in three months ended July 2019

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.2354. On the data front, UK’s ILO unemployment rate unexpectedly eased to 3.8% in the May-July 2019 period, declining to its … Continue reading

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EUR/USD: Euro trading flat in the Asian session

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly declined against the USD and closed at 1.1047. In the US, data showed that the NFIB small business optimism index fell to a 5-month low level of 103.1 … Continue reading

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